The plan to revamp Kota Tua historical site in Jakarta has been held back due to private owners' wish to tear down old buildings or they were difficult to track down.
hree government-run companies are set to form a joint venture (JV) to take over the management of Jakarta’s Kota Tua area from the city in a bid to improve facilities and boost historical tourism in the capital.
City-owned PT Jakarta Tourisindo (JXB) and PT Moda Integrasi Transportasi Jabodetabek (MITJ) and state-owned Indonesia Tourism Development Corporation (ITDC) signed in Jakarta on Wednesday a heads of agreement (HoA) to form the unnamed JV.
The three firms pledged in a joint statement that they would develop Kota Tua into “an integrated, modern tourism site that retains its historical value and strengthens Jakarta’s status as one of the most historical tourism destinations in Indonesia.” They did not specify when the JV would be formed.
In managing Kota Tua, hotel company JXB plans to arrange events, transportation firm MITJ plans to integrate transportation and ITDC, the same company developing Bali’s Nusa Dua and Lombok’s Mandalika Bay, plans to develop pedestrian-friendly facilities among other improvements.
“This JV is expected to be the solution to all problems in Kota Tua and be a concrete step toward tackling the skepticism over Kota Tua’s revitalization plans,” said JXB president director Novita Dewi in the statement.
Dedi Tarmizy, head of the Kota Tua Zone Management Unit (UPK), the body that currently manages the old town, said the Jakarta governor was still preparing the regulations relating to the area’s management once the JV was established.
“They prepare the rules, we implement the rules,” he told The Jakarta Post via text message on Thursday.
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